Event Details
EICN Regional Strategic Forecast (RSF) - Multipolar disorder: new alliances, competition, and industrial policy.
Wars are raging in Africa, Europe and the Middle East as the new year begins. And shipping is under attack in the Red Sea, threatening new transport and commodity price spikes. These crises are explosive in their own right. Combine them with a US presidential race and 2024 promises to be a make-or-break year for the post-1945 world order.
The 2020s were always destined to be dangerous. The West's share of world GDP has fallen towards 50% for the first time since the 19th century. Countries such as India and Turkey believe the global institutions created after 1945 do not reflect their interests. China and Russia want to go further and actively subvert this system. Their club —the enlarged BRICS bloc (now including Saudi Arabia, the UAE, Egypt and Iran)--- has more than one eye on upsetting US political and financial hegemony. Though America's economy is still pre-eminent, its unipolar moment has ended. Its allies in Europe and Asia, including South Korea, are in an economic and demographic struggle.
The new dynamic is one of instability and an unpredictable cycle of populism, interventionist economics and transactional globalisation. These challenges to global governance are occurring at a moment when international cooperation to solve pressing global problems is more necessary than ever.
For this March's RSF, we are flying in EICN North Asia Director Rodrigo González from Tokyo to give the keynote presentation on the survey of the global and regional economy as it is now and its outlooks for the coming months. Our programme continues with a panel discussion moderated by EICN Seoul Network Moderator Jacco Zwetsloot with a select group of Korea-based thought leaders and specialists, who will share their views on how volatile economic and geopolitical changes may affect businesses on the Peninsula.
As this will be the last EICN event in Seoul for now, and we want to finish our series on a high note, this will be an evening event. Please come and make this an evening to remember.
Dress code: Business attire
Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of The Economist Intelligence Corporate Network, but would like to learn how you can attend our events, don't hesitate to contact us.
